Qualities of an Effective Leader
What are the qualities that go into a strong, effective leader in today's business world? This paper explores and critiques those qualities through the available literature.
How Centered Leaders Archive Extraordinary Results
An "extraordinary" amount of stress is being placed on leaders in the business community due to today's "complex, volatile, and fast-paced business environment," according to an article in the peer-reviewed journal McKinsey Quarterly (Barsh, et al., 2010). And in that fast-paced business world there are many leaders who simply lack the skills needed to handle the issues that come before them, Barsh explains. The answer to that problem is to locate those capabilities that are available in the literature and cultivate them, Barsh goes on (1). By "cultivating" capabilities Barsh is actually talking about taking constructive steps to "frame" certain challenges and hence to "unlock" the full potential of the organization (1).
Moreover, by tapping into the "constituents" -- those inside and outside the organization that can help the company succeed -- the leader can then "…engage proactively" with any challenges that come before him or her (Barsh, 1). And one of the keys to being proactive as a leader is to "sustain your energy while creating the conditions for others to restore theirs" (Barsh, 1).
Barsh and colleagues conducted interviews with over 140 leaders in the business world over a six-year period; they were learning from leaders what qualities it takes to be successful in today's very competitive and stressful business environment. The authors point out that not only is the globalized business world become highly demanding as an ongoing reality, given the worldwide economic "downtown" a few years ago the pressure on leadership has been "ratcheted" up (2). The world is in a transformational period as far as business and markets, Barsh continues. Hence, in those interviews the authors were seeking to learn what leaders do to "find the best in themselves" and with those found qualities how do leaders "…inspire, engage, and mobilize others -- even in the most demanding circumstances? (Barsh, 2).
What those 140 interviews with leaders showed them is that a concept called "centered leadership" is the right model leaders need in order to function effectively. At the very "heart" of entered leadership are five capabilities that male and female leaders need to develop in order to develop a "centered leadership" approach to leadership (Barsh, 2). Those five are: a) "finding meaning in work"; b) taking stress and fear and converting that negative energy into "opportunity"; c) "leveraging connections and community"; d) "acting in the face of risk"; and e) sustaining the energy "…that is the life force of change" (Barsh, 2).
The 140 interviews with executives around the world also brought into focus the fact that leaders who have mastered "…even one of these skills" were "twice as likely" as leaders failing to master even one to believe they can indeed "…lead through change" (Barsh, 2). But for leaders that have mastered all five of the centered leadership capabilities, they are "more than four times as likely" to express that they are "satisfied with their performance" as leaders and in their personal lives as well (Barsh, 2).
Again and again in their interviews and subsequent research Barsh and colleagues determined that the quality most significant to a centered leader is "meaning"; that is, there is meaning in doing a good job at work and having meaning in life and being satisfied with one's life is "…five times more powerful" than any of the other four dimensions (2).
The authors point to the CEO of Avon Products, Andrea Jung, as an example of how a leader used "meaning" and the ability to tell a story to pull her company out of a slump. Knowing that she needed to "streamline" her company, that is, make the changes that were necessary in order to kick start Avon without losing the respect and the support of the employees. The CEO needed to be able to create what Barsh calls "a bold vision for growth" (through motivating and inspiring others to "dream big") but at the same time Jung needed to stay loyal to her own "personal values" (3).
In her approach to the kind of leadership that Avon needed Jung did not go the route of giving her managers the job of telling employees about restructuring; she took that upon herself, Barsh continues (3). Jung in fact traveled all over the world to Avon company factories and labs to give her teams "…a vision for restoring growth" -- and in so...
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